Staff or Senior Investment Accountant

Full Time

Norwalk, CT

About The Company

Wilton Re is an industry leader in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital and operational needs of our clients’ businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies.

Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.

Position Summary

The Staff or Senior Investment Accountant is responsible for the preparation and review of the accounting and reporting of the company’s investments for multiple entities on a US statutory and GAAP basis across various asset classes, including the facilitation of investment accounting related processes and initiatives.

Role Responsibilities

• Prepare and review financial statements, reports, disclosures, and analysis that comply with internal controls and US statutory and GAAP standards for accounting and reporting of the company’s investments
• Assist the Bermuda office with required reporting of investment details to the Bermuda Monetary Authority
• Analyze investment portfolio and ensure accuracy of data used for reporting. This includes working with third-party investment accounting provider on monthly and quarterly deliverables and ensuring data integrity and timeliness
• Perform timely monitoring and reconciliation of receivable and suspense items
• Assist with limited partnership accounting (e.g., booking and reviewing monthly LP activity and maintaining documentation)
• Prepare reporting to senior management, Investment Committee, and Board of Directors
• Complete requests from regulators, rating agencies, auditors, and other external and internal parties
• Review and analyze investment related expenses (e.g., for asset managers)
• Maintain state deposits and interact with states and custodians, as needed, to keep up with the regulatory requirements
• Lead special projects and initiatives related to investment accounting, as needed
  
  

Basic Qualifications

• 3-5 years minimum of investment accounting experience
• Knowledge of US Statutory, GAAP, and tax basis investment accounting principles
• Knowledge of life insurance risk-based capital requirements for investments
• Strong analytical and problem-solving capabilities
• Strong leadership and communication skills
• Process improvement mindset
• Ability to work independently with good organizational skills
• The following would be a plus:
• Knowledge of life (re)insurance industry and transactions
• Experience with Clearwater Analytics, or similar, investment reporting
• Experience with Gain Compliance or other statement preparation software
  
  

Required Education / Certifications

• B.S. or B.A. in Accounting or related field
  
  

Pay/Location

Norwalk, CT

Hybrid Structure

Minimal to no travel required

This role may be filled at a level dependent on the experience and qualifications of the applicant.

Base salary/hourly rate range for this position in Connecticut is between $80,000 and $ 140,000 Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training, and experience.

Base salary is just one component of Wilton Re’s total compensation package for employees. Additional compensation includes annual performance-based bonus, 401K with employer contribution, and profit-sharing program. Employee may also be eligible for long-term incentives (equity). All incentives and benefits are subject to the applicable plan terms.

What We Offer

• Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
• 401(k) plan with employer contribution – US Employees Only
• Profit Sharing Program
• Competitive parental leave
• Health, vision, dental, and life insurance, including access to health and wellness programs
• Employee Assistance Program (EAP)
• Employee Engagement Events and various committees to join
  
  

Wilton Re strives to attract, develop, and retain a diverse workforce. We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination. A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential.

To All Recruitment Agencies: Please do not send any resumes or solicitations regarding open positions to Wilton Re employees unless you have been requested to work on this position or other positions with Wilton Re; please reach out to your main point of contact. Wilton Re is not responsible for any fees related to unsolicited resumes.